Financial Coaching is the process of coaching and training individuals to be good stewards, to establish spending plans, to live within their means, to develop generosity and gratefulness, and to be debt free.

Financial planning includes considering what one does for a living and how one earns his wages. It deals with what: the work I do, where: where I work- geography, when: preference, conviction, hours; why: motive and purpose, who: for whom- ethics, values, goals; and how: attitude, effort, work ethic, and motive.

It also considers spending by taking into account values, bargains, quality, utility, and investment.

Saving is also important when one determines how much, for what, and how long will one save.

Investing is another component as the Bible deals with return on investment and discusses 30, 60, and 100 percent rates of return. That dynamic exists in the natural world, and it also exists in the supernatural realm of the Kingdom of God. I believe we will be held accountable for our investments and how well they yielded a return on investment.

Giving is an appropriate response to one who is grateful and cheerful for the blessings given to us by God. We are blessed so that we can be a blessing to others.

We are to avoid debt as we are admonished to “owe no man anything”. Many people experience incredible pressure and stress because they are oppressed by excessive debt.

If we lend, we should charge appropriate interest as usury is forbidden in Scripture. In many cases, we would be better off giving money, rather than causing another to be a slave to the lender.

I would love to see individuals live a life of contentment (Phil. 4:11); thankfulness (Romans 1:21); simplicity (an uncluttered life); and giving (Gal. 3:8,9; Gen. 12:1-3) as we are blessed to be a blessing.

If I could wish a life of blessing for others it would include: May you know God’s blessing and be a faithful steward, a disciplined saver, a wise consumer, a cautious debtor, a cheerful giver, a generous lender, a shrewd investor, a bountiful sower, a diligent servant, and a prudent planner.